This article needs to be updated. Please help update this article to reflect recent events or newly available information.(May 2020)
This article is missing information about the company's products and the Hozelock system. Please expand the article to include this information. Further details may exist on the talk page.(June 2020)
Hozelock Ltd was originally set up by Sydney Codling in 1959[citation needed] to sell hoses and garden equipment including the first plastic quick-connector hose connector. As well as manufacturing the equipment in the Haddenham factory they also designed many of their own products.
Sydney's son, David Codling, took over as Chief Executive circa 1990, after the business was bought in 1990 by CVC Capital Partners, then named Citicorp Venture Capital, in a £24m buy-out from Ropner, the conglomerate.
CVC bought the business with rival private equity groups Cinven, Legal & General Ventures and Prudential's venture capital division. Hozelock was floated in 1993, but CVC took the company private again in 1999 for £85m after a succession of wet summers and stock market turmoil halved the company's share price.[1]
In 2009 the brand agency Haines McGregor was engaged to help develop the European positioning for the brand. Following two previously unsuccessful attempts to sell the business in 2007-9 for £100m, the new positioning and identity work helped support the successful sale to strategic buyer Exel Industries in October 2012 for £200m.[2]
David Codling retired as Executive Chairman in 2009. Steve Hall then became Group CEO. The current [when?] Ceo is Simon Davies.[3]
hozelock, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, needs, updated, please, help, update, this, article, reflect, recent, events, newly, available,. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article needs to be updated Please help update this article to reflect recent events or newly available information May 2020 This article is missing information about the company s products and the Hozelock system Please expand the article to include this information Further details may exist on the talk page June 2020 This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Hozelock news newspapers books scholar JSTOR May 2020 Learn how and when to remove this message This article uses bare URLs which are uninformative and vulnerable to link rot Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style Several templates and tools are available to assist in formatting such as reFill documentation and Citation bot documentation August 2022 Learn how and when to remove this message Learn how and when to remove this message Hozelock Ltd was originally set up by Sydney Codling in 1959 citation needed to sell hoses and garden equipment including the first plastic quick connector hose connector As well as manufacturing the equipment in the Haddenham factory they also designed many of their own products Sydney s son David Codling took over as Chief Executive circa 1990 after the business was bought in 1990 by CVC Capital Partners then named Citicorp Venture Capital in a 24m buy out from Ropner the conglomerate CVC bought the business with rival private equity groups Cinven Legal amp General Ventures and Prudential s venture capital division Hozelock was floated in 1993 but CVC took the company private again in 1999 for 85m after a succession of wet summers and stock market turmoil halved the company s share price 1 In 2009 the brand agency Haines McGregor was engaged to help develop the European positioning for the brand Following two previously unsuccessful attempts to sell the business in 2007 9 for 100m the new positioning and identity work helped support the successful sale to strategic buyer Exel Industries in October 2012 for 200m 2 David Codling retired as Executive Chairman in 2009 Steve Hall then became Group CEO The current when Ceo is Simon Davies 3 See also editGardenaReferences edit Sale of Hozelock in pipeline for around 100m CVC Capital Partners agrees Hozelock sale at third time of asking AltAssets Private Equity News 17 October 2012 http www diyweek net news news asp id 16035 amp title Hozelock appoints new CEO following French takeover Retrieved from https en wikipedia org w index php title Hozelock amp oldid 1186331233, wikipedia, wiki, book, books, library,
